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20121006
20121006
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Search Results 0 to 17 of about 18 (some duplicates have been removed)
have just stopped looking for work. ♪ gerri: both president obama and candidate mitt romney using today's jobs report to bolster their campaigns. the truth behind those numbers and a $5 gas, already happening in one state. could it happen in yours? welcome to "the willis report." ♪ hello, everybody. i'm gerri willis. do you believe the jobs numbers released today? a huge drop in unemployment rates to 7.8%. a look at that. nearly 1 million people entering the workforce in just one month. today, some of the business community calling those numbers completely fake, deliberately distorted to make president obama look good before the election. the obama administration firing back calling such charges ludicrous. what is the real story? joining me now, former white house chief economist and labor department commissioner keith hall, moody's chief economist, john lonski, and carried from call bomb capital management. welcome to you all. very curious. nearly a half percent move in the an employment rate on just 114,000 jobs growth in the month surprising to jack welch, former ceo of ge. here is
, with governor romney picking up some momentum. president obama returned to the golden state this weekend. there's high interest in several congressional races in the state. will california tip the scales for the control of the u.s. house? governor brown vetoes few of the more than 1,800 bills on his desk, as he presses for support of proposition 30 on the november ballot. and gas jumped as much as 20 cents overnight, with the spike expected to continue. plus, anti-domestic violence leader estra sola on making all violence an issue of global concern, coming up next. >>> good evening, i'm belva davis and welcome to "this week in northern california." on our news panel tonight, dan walters, political column nis for "the sacramento bee." in studio, we have tom vacar, computer editor for ktvu news and josh richman, regional political reporter for the bay asia news group. and joe garofoli, political reporter for "the san francisco chronicle." joe, you were in denver for the first presidential debate. must have been hard covering it, since there were so many people tweeting that night. tell us what's
selling flowers at union square for 66 years. he's not a supporter of obama but he sees what is happening on the street. >> the worst is over. >> for the president, the new numbers shift the attention away from his lackluster debate performance and on what is the biggest issue in this election. >> more americans entered the workforce and more people are getting jobs. >> he said jobs may be low wage, they may be part-time, but at least they are there. >> it's slowly coming back. it will take a couple more years. >> in presidential elections we have seen it is the direction of the economy that moves voters and there is one more reporting period before election day. the october numbers will be out november 2nd, four days before the election. in the newsroom, mark matthews, abc7 news. >> more than 500 jobs are going to be available at the next abc7 job journal hire event held at the hilton garden inn in emeryville. for more information go to our website under see it on tv. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniver
flowers on union square for 66 years. he is not a president obama but he does see what is happening on the street. >> the worst is over. >> for the president the new numbers shifted attention from the lackluster debate performance and on to a bit of positive news. >> more americans entered the work force. more people are getting jobs. >> reporter: outside dan, jobs may be low wage and part time, but at least they are there. >> it slowly is coming back. it will take a couple more years. >> in palo alto elections it's the direction of the economy that moves voters. there is one more reporting period before election day, the october numbers will be out november 2nd, four days before the election. >>> we're talking about jobs here. more than 500 jobs will be available at the next jobs hire event. at the hilton garden inn in emeryville noon on wednesday. for more information go to abc7news.com. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary. he put side he talked during the debate. he will be in san francisco
washington. >> reporter: president obama was all smiles at a rally in virginia. the labor department says the economy added 114,000 jobs in september and the unemployment rate dropped from 8.1 to 7.8%. >> the unemployment rate has fallen to its lowest level since i took office [ applause and cheers ] >> reporter: but a major drop in unemployment right before the election has some questioning the results. former general electric ceo and mitt romney supporter jack welch went as far as suggesting the obama administration manipulated the report. he tweeted unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. >> reporter: the white house calls welch's insinuation, quote, utter nonsense and most republicans are steering clear of the former ceo's comments including mitt romney. the republican nominee says many of the new jobs are only part time. and that's not what a real recovery looks like. >> even those that have jobs are having tough times. the middle class is being squeezed with higher and higher costs and with incomes that have gone down. >> repor
fallen below 8%. that's the lowest it has been since president obama took office. surprisingly strong, showing that unemployment fell to 7.l% in september -- 7.8% in september. >>> cbs5 reporter, linda eye yee tells us what is behind those numbers -- linda yee tells us what is behind those numbers. >> reporter: he now has 160 employees. >> i think the economy is really picking up. >> reporter: ryan brauton is one of those new workers. he left his job in construction and decided to become a machinist. >> i chose manufacturing for a reason that it does not seem to be affected by the economy. >> reporter: he tripled his research and development budget during the recession. it has paid off. anderson is building this new plant. >> that's the reason why we're moving. we do have plans to continue hiring. >> reporter: nationally the economy has added an average of 145,000 jobs over the past three months. unemployment has not been this low since january of 2009. >> yes, we are finally below that 8% level, but it is still indicative of a slow go environment. >> reporter: much of the drop in th
the november 6 vote. before president obama returns to the bay area on monday, this morning, he spoke about the need to keep america moving forward. >> we owe it to them to keep moving forward. we've come too far to turn back now. we have made too much progress to return to the policies that got us into this mess in the first place doctor. >> in his weekly address, he says there are signs the economy is bouncing back. he pointed to yesterday's jobs report, which showed the nation's unemployment at 7.8%. that's the loy he lowest -- lowt figure since january 2009. he said businesses have added 5.2 million jobs in the past two and a half years. he will. >> attend a star studded concert tomorrow. the president also has a fund-raiser with former president bill clinton. on monday, as we said, president obama will announce the establishment of the caesar chavez monument. elf's -- he will arrive in the afternoon. there's a funds racing concert with john legend, and $20,000 a plate dinner. alex smith is expected to attend. >>> still basking in the success of wednesday's presidential debate, republic
for 66 years. he's not a supporter of obama but he sees what is happening on the street. >> the worst is over. >> for the president, the new numbers shift the attention away from his lackluster debate performance and on what is the biggest issue in this election. >> more people entered the workforce and more people are getting jobs. >> he said jobs may be low wage, they may be part-time, but at least they are there. >> it's slowly coming back. it will take a couple more years. >> in presidential elections we have seen it is the direction of the economy that moves voters and there is one more reporting period before election day. the october numbers will be out november 2nd, four days before the election. in the newsroom, mark matthews, abc7 news. >> more than 500 jobs are going to be available at the next abc7 job journal hire event held at the hilton garden inn in emeryville. for more information go to our website under see it on tv. >>> new this morning, president obama and the first lady are planning to spend today celebrating the 20th wedding anniversary he put aside when it fell
about president obama as next trip to the ss 0. he will be attending a fund- raiser. this will be on monday october the eighth period music musician john legend will be heading this scene. the tickets are a hundred bucks or about 75 bucks. this show will be from 6:00 p.m. to 9:00 p.m.. >> in international news the deadly meningitis. there stating that pain shots that were given for back pain may have been contaminated. five deaths have been related to this. there is fear that as many as 23 states cut have been exposed. the fda has stated that salmonella has been found in a nut butter that has been made at trader joe's. they have expanded the recall to remove all of them. safeway, whole foods and targets have been notified. >> we have not heard the end of american airlines. they stated today that their mechanics are fixing 48 of the flights. another 44 flights are going to be canceled. passengers on three recent flights found that their seats were moving. some of them stated that they ended up in another person's lap. >> from our roof camera we see cloud cover but som
, president barack obama focused on the positive. >> today's news should give us some encouragement. it should not be an excuse for the other side to try to talk down the economy. skwrufts just to try to score a few political points. >>> it sparked a rally on the market. it finished mixed though, nasdaq lost 13. >>> silicone valley network company filed to go public. they filed for a public offers worth $100 million. rukis builds wi-fi networks and competes with cisco systems, no word when they will debut or what shares might cost. >>> the pablo foods, highly controversial system to verify the immigration sat us of all new hires. homeland security is looking into the citizenship status of the company's employees after hearing reports of illegal immigrant workers. they called for a boycott but now says it will back off the issue and boycott because they refuse to sign a labor agreement. >>> concern for some bay area parents who learn their children are part of a sexting probe. >> reporter: there is always something extra involved when you are playing a rivally game. that is the case in our hig
a bird in the hand is worth three in the books. >> as you might expect, president obama and mitt romney saw today's job numbers much differently. >> today's news should give us some endirgement. it shouldn't be an excuse for the other sim to talk some political points. >> the truth is, if the same people were working on the force, why would the reality be over 40%. >> they have been out of work six months or more. economists say we need to hire $425 every month to make a dent. >>> another deadly officer involved shooting. only this time it happened in a usually quiet community in heyward. it all started this morning when police stopped a stolen car near briar gateway and vanned deer built street. what left next that a r left a neighborhood shot. >> i was inside of his. >> shoes and evidence markers. investigators pressuring and documenting the scene. it's the too familiar aftermath of another shooting. this one involving a heyward police officer that left the suspect dead. >> hi approached the vehicle. he ordered that occupant self times to show his hands. the suspect did not compl
selling nours on union square for squix years and not a experter of president obama but he does see what is happening on the street. >> worst is or. >>reporter: the president the new numbers shift aattention ayfrom lack luster performance and positive news on what is the single biggest issue in the election. >> more americans enter the work force. more people getting jobs. >>reporter: outside this store carpenter dan says jobs may low wage. may part-time. but at least they are there. >> it's slowly coming back. will take a couple more years. >>reporter: presidential election we have seen it's the direction of the economy that moves voters and there is one more reporting period before election day, october numbers will be out november the second. 4 days before the election. in the newsroom, abc 7 news. >>> there are questions abou those new jonumbers ansome pele haveven suggested conspira theies. jothan karlpent the day tracking down the pple who crch the unemployment numbers. >> as soon as the new 7. 8% unemployment rate announced limbaugh and other conservative said the white
. >> is feeling his oats >> president obama is firing back at mitt romney after the seemingly uninspired performance during the presidential debate. and what the president is doing differently on the campaign trail. >> this is the president that most people decree did not show up. an animated, forceful, and taking shots at is a candidate. but he said that he would get rid of planned parenthood funding. apparently, this with big bird is driving the deficit in rallies are completely different events from a presidential debate. body language, now cured the my opponent has been trying to do a two-step and reposition. and he has an extreme make over. mitt romney was checked by his campaign. >> and also talk about his 47% fund-raiser that never was mentioned. >> real change takes time and it certainly cannot happen if you are going to write off one of thalf the nation before you take office. >> perhaps he lost the debate on performance. >> no question. >> he did win on the substance and the candid it. his candid it--is going to be a candidate--is campaigning and other states. >> we will be tal
in an election year, one number has many interpretations. president obama told a fairfax, virginia, crowd this: >> this morning, we found out that the unemployment rate has fallen to its lowest level since i took office. [ applause and cheers ] >> reporter: he said there's more work to be done to help middle class families and said that's why he is running for re- election. >> today's news certainly is not an excuse to try to talk down the economy to score a few political points. >> reporter: mitt romney told supporters in virginia the country hasn't mer enough. >> now, we can do better. we don't have to stay on the path we have been on. >> reporter: businesses added 114,000 jobs in september slower than the growth earlier in the summer. romney pointed out the unemployment rate doesn't reflect people who stopped looking for work. >> if the same share of people were participating until the workforce today as on the day that the president got elected, why, our unemployment rate would be around 11%. >> reporter: 8.8 million lost jobs during the recession. just under half of those jobs have been a
Search Results 0 to 17 of about 18 (some duplicates have been removed)